Niyogin Fintech Ltd (NIYOGIN) — shareholding pattern, promoter holding, financials and share price
About Niyogin Fintech Ltd (NIYOGIN)
Niyogin Fintech Ltd operates in the Non Banking Financial Company (NBFC) industry, within the Financial Services sector. It trades on the NSE as NIYOGIN and on the BSE under scrip code 538772. Its ISIN is INE480D01010.
Niyogin Fintech Ltd is a fintech company and a registered NBFC. The Co. provides a digital platform that enables access to relevant services & products for MSMEs providing financial inclusion, credit, investments and SAAS services. [1]
Niyogin Fintech Limited operates as a hybrid fintech platform combining an NBFC lending franchise focused on unsecured MSME and embedded lending, and iServeU, a payments infrastructure and TSP/SaaS business that supplies UPI, soundbox, acquiring and issuance solutions to banks and fintech partners, using API-driven integrations and partner-led distribution models.
iServeU delivered robust Q3 FY26 traction: net revenue for the subsidiary rose to ₹21.2 crores (107% YoY) with EBITDA at ₹5.4 crores and six consecutive quarters of positive EBITDA, driven by a ₹635 crore order book across 43 contracts, substantial soundbox deployments of 408.3K units, and expanding UPI and BBPS transaction volumes.
Listed peers in Non Banking Financial Company (NBFC): Unifinz Capital India Ltd, Kiran Vyapar Ltd, CSL Finance Ltd, Mangal Credit & Fincorp Ltd, Moneyboxx Finance Ltd, Akme Fintrade (India) Ltd.
Valuation & Returns
10 Jul 2026At ₹43.69 a share on 10 Jul 2026, Niyogin Fintech Ltd (NIYOGIN) was valued at a price-to-earnings ratio of 1,313.62x against an industry P/E of 19.5x and a price-to-book of 1.51x on a book value of ₹29.03 per share as of Mar 2025. Solomo computes return on equity of 0.11% and return on capital employed of 4.94% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 1,313.62x
- Industry P/E
- 19.5x
- P/B
- 1.51x
- EPS (TTM)
- ₹0.03
- Book value / share
- ₹29.03
- ROE
- 0.11%
- ROCE
- 4.94%
- ROA
- 0.06%
- Debt / equity
- 0.3x
- Dividend yield
- 0%
- EBITDA margin
- 12.86%
- 52-week range
- ₹30.2 – ₹82.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Niyogin Fintech Ltd (NIYOGIN) reported revenue of ₹287 crore and earnings per share of ₹-0.04. That compares with revenue of ₹304 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹71.97 crore and net profit ₹1.11 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 103 | 110 | 196 | 304 | 287 |
| Net profit (₹ cr) | -8 | -28 | -25 | -16 | 0 |
| EPS (₹) | -0.63 | -1.87 | -1.76 | -1.43 | -0.04 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 107.61% | 22.66% | 51.66% | 55.29% |
| Profit growth | - | - | - | 34.26% |
| Stock price CAGR | 23% | -13% | -12% | -29% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 39.5% of Niyogin Fintech Ltd (NIYOGIN) (up 0.43 pp QoQ), foreign institutional investors (FII) hold 19.53% and domestic institutional investors (DII) hold 2.04%. Market capitalisation was ₹486 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2014.
Largest disclosed public shareholders in Jun 2026: Think India Opportunities Master Fund Lp 8.17%, Cohesion Mk Best Ideas Sub-Trust 7.57%, Strategic India Equity Fund 6.57%, Madhuri Madhusudan Kela 4.51%, Vikasa India Eif I Fund 3.14%, Mr. Debiprasad Sarangi 2.97%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 39.5% | - | 19.53% | 2.04% | 60.5% |
| Mar 2026 | 39.07% | - | 19.53% | 1.99% | 60.93% |
| Dec 2025 | 38.89% | - | 19.53% | 1.9% | 61.11% |
| Sep 2025 | 38.73% | - | 19.53% | 1.93% | 61.27% |
| Jun 2025 | 37.72% | - | 19.39% | 1.79% | 62.28% |
| Mar 2025 | 37.65% | - | 19.4% | 1.79% | 62.35% |
| Dec 2024 | 39.28% | - | 14.08% | 1.05% | 60.72% |
| Sep 2024 | 39.31% | - | 15.92% | 1.05% | 60.69% |